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Michaels has purchased the intellectual property (IP) and private label brands of Joann and will add more than 600 fabric, sewing and yarn products as it seeks to woo this segment of crafting ...

Michaels on Thursday said that its purchase of Joann’s IP and private brands included the acquisition of “Big Twist” yarns, which had become a staple in Joann stores over the years. Those “Big Twist” ...

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Michaels on Thursday said that its purchase of Joann’s IP and private brands included the acquisition of “Big Twist” yarns, which had become a staple in Joann stores over the years.

The Brief. Michaels has acquired Joann's intellectual property and private label brands, including the popular "Big Twist" yarn line. Michaels plans to launch over 600 new fabric and sewing ...

NEW YORK (AP) — Craft labels from the now-shuttered fabrics seller Joann are making their way to a new home: Michaels. The Michaels Companies announced on Thursday that it had completed its ...

Michaels on Thursday said that its purchase of Joann's IP and private brands included the acquisition of “Big Twist” yarns, which had become a staple in Joann stores over the years.

In a news release on Friday, Michaels Companies, Inc. announced that it had acquired the intellectual property and private label brands of JOANN Fabrics. According to the release, this acquisition ...